Word: dividend
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...lines of banking. We are rather handicapped because nobody in the company is over the age of 16. Our authorized capital stock is 25 shares of common stock at twenty-five cents ($.25) par value and 100 shares of preferred stock at one dollar ($1.00) par value. The dividend on the preferred is 12% per annum. The market value of the comnnn at present is eighty cents ($.80). We have two offices in Seattle and one in Victoria...
...melon in 1927, Judge Gary drew up the Board in two long lines and jubilantly invited reporters in to see his potent directors "in the flesh." But at last week's meeting the directors, confronted with the poorest quarterly statement since the pre-War era, cut the common dividend from a yearly rate of $7 to $4 (TIME, Aug. 3). They left the meeting hastily, silently, Morgan-Partner Lamont forgetting his hat in his hurry. But President Farrell had something to tell reporters. Four words: "Wages were not touched." There was a bit of triumph in his voice...
...same period last year. Almost the entire sum reported for the second quarter was profit on sale of property, operations yielding only 7? a share on preferred stock. Tremendous as is the unappropriated surplus of $465,000,000, directors felt it would be folly to continue $7 dividends equal to $60,000,000 a year; cut it as an unpleasant surprise to the rate of $4 per share, less than in any year since 1915, when no dividend was paid. Directors hinted their attitude toward the moot question of wage reduction by recommending a cut in salaries...
...National Biscuit's showing of $9,406,000 against $10,036,000 was chagrining to the company. It represented only $1.37 a share against dividend requirements of $1.40. And it was the first interruption to the company's upward trend since 1915. A happier showing was made by Loose-Wiles (Sunshine) Biscuit Co. to which the period brought earnings of $1,067,000 against...
...Your management feels that you will find this action . . . very gratifying." So last week did Congoleum-Nairn Inc. comment upon its 25? dividend, the first payment since 1925. Although Congoleum earned $607,000 against $705,000, its management has paid great attention to its internal condition and now it has current assets 33 times greater than current liabilities, can well afford to be generous. Courageous, the management also bought 251,026 shares of the company's own stock for retirement during the Depression...